Senate hearings news stories on Newser

Rivals Eager for Google Antitrust Hearing

Kevin Spak — Wed, 21 Sep 2011 11:27:49 CDT

Google’s Senate antitrust hearing is today, and rivals Yelp, Nextag, and Expedia are ready to do some complaining. The three companies intend to tell lawmakers that Google is exploiting its search dominance by promoting its own services at the expense of theirs in its results, they tell the Wall Street...

Al Franken Dismantles DOMA Backer's Testimony

Matt Cantor — Thu, 21 Jul 2011 13:37:06 CDT

Stuart Smalley was nowhere in sight yesterday as Al Franken shredded a Defense of Marriage Act supporter. Seems the gentleman from Minnesota took offense with Focus on the Family's Thomas Minnery and his citation of a federal study that found children in opposite-sex married families fared way better than kids...

Goldman Gains $549M as Execs Are Grilled

Rob Quinn — Wed, 28 Apr 2010 05:00:00 CDT

Goldman Sachs gained $549 million in value as its executives were grilled for 10 hours yesterday in a Senate hearing. The firm's shares closed up 1.2% after the day's trading on the New York Stock Exchange while most other stocks tumbled, BusinessWeek reports. Some analysts believe the rise reflects...

Blankfein Defends Turf, Is 'Hearing Martian'

John Johnson — Tue, 27 Apr 2010 18:18:15 CDT

Goldman Sachs CEO Lloyd Blankfein dueled with Sen. Carl Levin as the final witness in today's daylong grilling of company execs. The two went round and round, then round and round again, the same fundamental point without "speaking the same language," writes Frank Ahrens, who's live-blogging the proceedings at the...

Goldman Love Letters at Heart of SEC Case

Mary Papenfuss — Mon, 26 Apr 2010 04:50:00 CDT

If there's anything Goldman Sachs bond trader Fabrice Tourre has learned it's: 1.) Don't rip off the public, and 2.) Above all, don't brag about it in love emails on a company computer to your gal pal. Tourre is the only individual named in the SEC fraud action...

Senate Will Probe NSA in Wiretapping 'Overcollection'

Harry Kimball — Thu, 16 Apr 2009 13:31:33 CDT

The Senate Intelligence Committee is planning an inquiry into the National Security Agency after reports the spy group has been engaged in “overcollection” of information domestically, the New York Times reports. Sen. Dianne Feinstein, the chair of the committee, said a hearing would be held within the month. The Justice...

Ex-Justice Aide Points Fingers

M. Morris — Wed, 23 May 2007 13:26:26 CDT

The deputy attorney general dissembled in his Senate testimony about the US attorney firings, Monica Goodling told a House committee today. Testifying under limited immunity from prosecution, the AG's former White House liaison said Paul McNulty's account was "incomplete or inaccurate" and accused him of "downplaying" the White House's role...

Comey's Star Rises as Support for Gonzo Falls

Peter Fearon — Thu, 17 May 2007 07:39:48 CDT

James Comey's star turn in Senate testimony against Alberto Gonzales this week prompts speculation that the charismatic former deputy AG should be on the short list to replace him—and might even have legs as a presidential candidate some day. The Wall Street Journal assesses Comey's political future, as support...

Bush Still Gonzo For Alberto

Peter Fearon — Tue, 24 Apr 2007 07:06:07 CDT

President Bush is sticking with his beleaguered attorney general despite negative reviews of his performance at last week's Senate hearing from both sides of the aisle. Bush said the testimony from Alberto Gonzales on the pink-slipped U.S. attorneys, roundly characterized as evasive, "increased my confidence in his ability."